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RBI makes changes to norms for reporting money sent back to India from abroad

Foreign contributions must be received only in the FCRA account of State Bank of India (SBI), New Delhi Main Branch (NDMB).

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NEFT: RBI makes changes in NEFT, RTGS for daily reporting of foreign remittances

NEFT: RBI makes changes in NEFT, RTGS for daily reporting of foreign remittances
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How the Supreme Court ruling on foreign contributions affects Indian nonprofits

If the government wants to discourage foreign contributions, it should start taking meaningful steps to encourage domestic charity.

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Big Money Continues To Drive Sale of Electoral Bonds, Reveals Data From SBI, DEA

Over 92% electoral bonds sold in the last four years were of Rs 1 crore denomination.

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18377 NGOs open SBI accounts to receive foreign funds after amendment in FCRA: MoS Home

New Delhi [India], August 11 (ANI): Minister of State for Home Affairs, Nityanand Rai, on Wednesday informed that under the Foreign Contribution (Regulation) Amendment Act 2020, all foreign-funded NGOs have to compulsorily open an FCRA account in State Bank of India's main branch at New Delhi for initial remittance/receipt of foreign contribution (FC) from a foreign source.

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